Coterra Energy Inc. (CTRA)

NYSE: CTRA · IEX Real-Time Price · USD
26.80
-0.31 (-1.14%)
At close: Jul 19, 2024, 4:00 PM
27.14
+0.34 (1.27%)
After-hours: Jul 19, 2024, 7:38 PM EDT
-1.14%
Market Cap 19.95B
Revenue (ttm) 5.57B
Net Income (ttm) 1.30B
Shares Out 744.23M
EPS (ttm) 1.71
PE Ratio 15.67
Forward PE 11.64
Dividend $0.84 (3.13%)
Ex-Dividend Date May 15, 2024
Volume 4,076,261
Open 27.13
Previous Close 27.11
Day's Range 26.66 - 27.13
52-Week Range 23.73 - 29.89
Beta 0.23
Analysts Strong Buy
Price Target 34.00 (+26.87%)
Earnings Date Aug 1, 2024

About CTRA

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company’s properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. It ... [Read more]

Sector Energy
IPO Date Feb 7, 1990
Employees 894
Stock Exchange NYSE
Ticker Symbol CTRA
Full Company Profile

Financial Performance

In 2023, Coterra Energy's revenue was $5.91 billion, a decrease of -34.66% compared to the previous year's $9.05 billion. Earnings were $1.63 billion, a decrease of -60.02%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for CTRA stock is "Strong Buy." The 12-month stock price forecast is $34.0, which is an increase of 26.87% from the latest price.

Price Target
$34.0
(26.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Crypto, Retail, and Oil Are Hot for Deals. Check These Stocks.

These companies could be potential targets or buyers in the second half of 2024.

16 days ago - Barrons

Coterra Energy Schedules Second-Quarter 2024 Results Conference Call for Friday, August 2, 2024

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, August 2, 2024, at 8:00 AM CT (9:00 AM ET) to discuss ...

18 days ago - Business Wire

Coterra Energy to Participate at Upcoming Conference

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced that Thomas E. Jorden, Chairman, Chief Executive Officer and President, will participate in a fi...

5 weeks ago - Business Wire

Cramer's Mad Dash: Coterra Energy

CNBC's Jim Cramer delivers his daily Mad Dash.

5 weeks ago - CNBC Television

Reasons Behind Last Week's Rally in Natural Gas Prices

The U.S. Energy Department's weekly inventory release showed that natural gas supplies increased more than expected. The bearish inventory numbers notwithstanding, futures settled with a week-over-wee...

Other symbols: LNG
5 weeks ago - Benzinga

NVDA, CSCO, EMR, CTRA: A.I. Momentum Continues to Drive the Markets

A.I. momentum continues to drive the markets. Dan Genter discusses this as Nvidia's (NVDA) 10-for-1 stock split takes effect Friday after the close.

Other symbols: CSCONVDAEMR
6 weeks ago - Schwab Network

Coterra Energy beats Q1 profit estimate, raises 2024 oil production outlook

Coterra Energy beat estimates for first-quarter profit on Thursday as higher output volumes helped U.S. shale producer counter a steep decline in natural gas prices.

2 months ago - Reuters

Coterra Energy Reports First-Quarter 2024 Results, Announces Quarterly Dividend, and Updates 2024 Outlook

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported first-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per...

2 months ago - Business Wire

Coterra Energy Schedules First-Quarter 2024 Results Conference Call for Friday, May 3, 2024

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, May 3, 2024, at 8:00 AM CT (9:00 AM ET) to discuss fir...

3 months ago - Business Wire

Coterra CEO Tom Jorden goes one-on-one with Jim Cramer

Coterra Chairman, President and CEO Tom Jorden joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the energy sector, what they expect to see moving forward and more.

4 months ago - CNBC Television

Coterra CEO: We built Coterra to have flexibility across all our assets

Coterra Chairman, President and CEO Tom Jorden joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the energy sector, what they expect to see moving forward and more.

4 months ago - CNBC Television

Coterra Energy Announces Pricing of Senior Unsecured Notes

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) announced today that it has priced an offering of $500 million aggregate principal amount of senior unsecured notes due 2034, whi...

5 months ago - Business Wire

Coterra Energy misses quarterly profit estimates

Coterra Energy missed Wall Street estimates for fourth-quarter profit on Thursday, as the oil and gas company struggled with lower commodity prices.

5 months ago - Reuters

Coterra Energy Reports Fourth-Quarter and Full-Year 2023 Results, Provides 2024 Outlook, and Announces Dividend Increase

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported fourth-quarter and full-year 2023 results, provided first-quarter and full-year 2024 guidance and...

5 months ago - Business Wire

Coterra Energy Schedules Fourth-Quarter and Full Year 2023 Results Conference Call for Friday, February 23, 2024

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, February 23, 2024, at 9:00 AM CT (10:00 AM ET) to disc...

6 months ago - Business Wire

Gas Prices & Energy Stocks To Watch

Macro concerns are likely to outweigh fundamentals in 2024 as oil and gas prices may trade sideways, notes Mizuho's Nitin Kumar. He and Gas Buddy's Patrick De Haan discusses the outlook for the energy...

6 months ago - Schwab Network

Top Wall Street analysts are upbeat about these dividend stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Starbucks and Diamondback Energy.

Other symbols: CRGYEOGFANGSBUX
8 months ago - CNBC

6 intriguing stocks investors should consider: Piper Sandler

The market has slightly rebounded, with some investors excited for a possible Santa Claus rally to close out the year. Piper Sandler's technical research team announced six stocks that are currently l...

Other symbols: AIZAMGNAMZNLULUPANW
8 months ago - Yahoo Finance

Coterra Energy beats third-quarter profit estimates on higher production

Oil and gas producer Coterra Energy reported a third-quarter profit on Monday that beat analysts' estimates, helped by an increase in production and higher realized prices.

9 months ago - Reuters

Coterra Energy Reports Third-Quarter 2023 Results, Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported third-quarter 2023 financial and operating results. Additionally, the Company declared a quarterl...

9 months ago - Business Wire

9 Safe High Yield Dividend Stocks To Buy For 2023

Over the long term, investing in good high yield dividend stocks remain one of the most effective ways to beat inflation. See our latest October 2023 picks.

Other symbols: BBYCMADOWFANGHPQKEYRF
10 months ago - Forbes

The technical trade: Coterra Energy, CME Group, & Zscaler

Ari Wald, managing director and head of technical analysis at Oppenheimer, joins 'Power Lunch' to discuss the technical support for Coterra Energy, CME Group, and Zscaler.

Other symbols: CMEZS
10 months ago - CNBC Television

Top Wall Street analysts expect these dividend stocks to boost portfolio returns

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Exxon and Darden.

Other symbols: AEPBIPDRIXOM
10 months ago - CNBC

Natural Gas Is Hot Again, as Oil Is Slipping

Natural-gas prices are hot again, and some analysts think the stocks of gas producers have a chance to steal the spotlight from their oilier peers.

Other symbols: AREQTRRC
10 months ago - Barrons

5 Lost Formula Energy Stocks to Consider for the 4th Quarter

While the energy sector is up again this year after a blowout 2022, oil prices fell further on Friday on the back of macroeconomic-related demand fears as well as the Russian government lifting part o...

Other symbols: EOGEQTFANGXOM
10 months ago - GuruFocus